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. obama said this year's tax changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have access to cayman island reports. they don't have access to interest income where they pay a much lower rate on billions of dollars they have earned. >> mr. obama says the only way to continue investing in education research and development and still reverse the deficit is with a combination of spending cuts and additional revenues. republicans said the government got additional revenue with last year's tax agreement which raised tax rates on families making more than 450,000 a year and limited or phased out deductions for income over 300,000. in a statement john boehner said any tax loopholes we close should be used to lower rates for all taxpayers so we can be more xret ticompetitive and cree jobs. he re
china is crossing a real big line, and president obama, should drop everything to address this. ' to start with you jed. we hear about cyber war and cyber warfare, i'm not sure a lot ofeople take it seriously, can you describe what is at stake? >> every 6 rhet secret that we n our nation, and every computer network that runs virtually everything we do. this is serious stuff, maybe short of an act of war, but china has been going on, for a long time on pr this path, i think about 5 years ago they hacked in army's computer system in pentagon shutting down the e-mail. this is not new, titan rain code name, you know there is two types of government agents in u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> i
with president obama's very public attempt to pressure congress into putting off billions of dollars in automatic spending cuts, cuts he fears will wreck the u.s. economic recovery. basically he wants lawmakers to kick the can down the road one more time. let's go to our white house correspondent dan lothian. dan is joining us. dan, the president made a little bit of a surprise appearance over in the white house briefing room. >> reporter: that's right. very surprising because the president in the past has criticized these short-term deals saying that this is not what the american people sent their elected officials to washington to do. you have this march 1st deadline quickly approaching. while congress is trying to work on a bigger budget, 1 pine point $2 trillion package, the president says they need more time in order to continue tipping away at the problem. the big concern is that everyone believes that the economy is moving in the right direction. the president is pointing to auto sales, the housing, to manufacturing. and so there's this worry that if this see quester happens, if these deep
, the obama administration has been getting called out for picking winners and losers in the energy sector, mostly losers. a nebill would eliminate all of the energy, all of the energy tax credits. would that make it even playing field for people in that this is? running me now, republican congressman of kansas superposed the bill. congressman, welcome to the show. are you trying to accomplish with this? >> several things, first of all. thank you for having me on the show and talk about this. this is about affordable energy for the folks in kansas and california. affordable energy that they can depend on and rely on. our tax cut has become one that favors folks with a political ties and not those customers. in so many energy companies to get back to doing what they're supposed to do, creating value through finding customers, not political patrons. my legislation does just that, getting rid of every single energy tax credit in the entire code. i am all for it. we should close these loopholes for wind and the algae and tax credits totalling guesstimed of the mall and level the playing field.
that the strategic, one of the strategic principleses that the president and the obama administration brought at the outset of our first term is that with constructive and productive great power relationships you can get a lot done in the world. and if they go off the track it is much more difficult and frankly we've seen it, that proposition that you just laid out has been proven i think in the context where. there has been cooperation, we have gotten a lot done with great power of corporate raise and we can talk about that in terms of iran and other places in afghanistan. on the reset. you asked a question directly. he did the reset work. in the first term if you look at the list of things you are able to accomplish. we have had a change of leadership in russia. we will get that in a secretary. we have been able to accomplish, really, through great power negotiation, and great power, productive and constructive relationship, we have a new start treaty in the arms control area which will -- >> what's the status of that. >> the status this. the status it has gone into effect and is being impl
? president obama held meetings today with top ceos and labor leaders. we have all the latest details. >>> plus the justice department body slammed standard & poor's alleging it defrauded investors over mortgage securities rating. is s&p cooked? john eagan, ceo of eagan jones rating company joins us exclusively to react. >>> the entire electronic industry could be turned upside down. foxconn workers in china will get the first free union vote. these guys produced 40% of the world's electronics. will this push up the price of your smartphone? you might want to embrace for impact. even when they say it's not it is always about money melissa: first let's take a look at today's market moments. stocks recovered after the worst day of the year. solid u.s. and european economic data helped put the bulls back on the track. the dow briefly climbed back above the 14,000 mark and pared session highs closing up 99 points. nasdaq and s&p 500 each gained more than 1%. >>> starting off tonight with president obama's big plan. using immigration reform to achieve a quote, balanced deficit reduction wh
. prime minister abe is expected to raise the issue with president barack obama when they meet later this month. they will go over something that's been a thorn in japan-u. relatis. threlocation of a u.s. military base. both governments want the plan to go ahead but the people in japan south aren't on board. >> reporter: they talk about relocating the station. >> translar: we must remove as possible, in accordance with an agreement with the u.s. government. >> translator: we want the base to be moved out of okinawa. >> reporter: okinawa is japan's southernmost prefecture. the island district comprises only 0.6% of japan's land but hosts 70% of the u.s. bases in the nation. for many, futenma symbolizes okinawans unfair burden in ensuring japan's security. this is the futenma air station. you see aircrafts, runway and if you turn this way, you can see how close the residential area of okinawa is to the space. in 1996, the u.s. agreed to return the futenma site to japan. masahide ota was okinawa's governor then. >> i was so happy, and -- but after one year or so, i was told that the, ev
. president obama will miss his budget deadline. it is the third year and a row in the fourth time they have done that. you know, after all of that, i need a change of subject. i give you budweiser's clydesdale commercial. ♪ ♪ i took my love and i took it down mobile i climbed a mountain and i turned around ♪ ♪ stuart: that really was heartwarming. it was the number one super bowl ad. at 10:45 a.m., we have a very force on the road and the man who created that ad. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it.
breaking news stories this hour. president obama to speak in 15 minutes time. he will ask congress to come up with short-term packages to put off automotiatic spending cuts. hampton, we begin with you, budget office right now releasing its budget and economic outlook. give us details. >> reporter: the budget office, assumes no change in current laws, 2013 fiscal year budget deficit, $845 billion. cbo projects first time below $1 trillion since 2008, 5% of gdp, well below the peak of 2009. saying deficits decline as a percentage of gdp could dip as low as 2.4% in 2015. then they start to rise again in 2016. that 10-year-old cbo deficit projection increased overall to 4.6 trillion for the 2013 decade up from $20.2 trillion in it's previous. cbo sees real gdp growing 1.4% in 2013, the sub died growth limits businesses to hire more workers, cbo projecting unemployment rate to stay near 8% this year, also expecting unemployment rate to remain above 7.5% through 2014. debt and deficits will be larger, the cbo says, if current laws were modified and rising health care cost and increased federal h
president obama supposedly firing what appeared to be a shotgun. our allstar panel will take a closer look. and something about some football games. and finally does going into prison turn you into a criminal? the shocking answer you might have figured out when i did this tease last week. >> i have nothing else to say to you. >> then go away. >> i shall. >> let's welcome our guests. >> what can i say? i like to role play, people. the political commentator and her latest is called mugged. and if jokes were headlights he would have us all itching to get lid of him. it is joe derosa. glum and em loomy. glum and gloomy. and in canada he is considered a vacuum. and he knows bonds like i know wands. it is the wall street strategy ceo. >> a block. the lead. that's the first story. >> will a pigeon that is clay believe the nra? they have at some point touched an actual firearm. they were meant to quel cries after they told a new republic, a magazine that they not only had a magazine, but they shoot skeet. it is a nickname for fox news employees. >> noted their chief lobbyist, quote, he clearly doe
the by that release and after the numbers we eke talk. >>> plus, president obama is asking congress to come up and new tax revenues in order to help the deficit. we'll have a conversation with represent dave camp coming up later in the program. stay with us. m charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-866-294-5411. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to
comments about michelle obama's weight. >> and if you think d.c. has it bad when it comes to traffic, you know, you're right. we're going to tell you where the district falls on the list of the worst traffic congestion in the nation. gary. >> and a lot of clouds today. we see a few snow flurries on radar. will that amount to anything? next.  >>> if you drive d.c. roads, you know it can be a nightmare. an annual sorry have a proves it, putting d.c. at the very top of the list and fox 5s john henrehan has the latest. >> reporter: jacqueline gil, an analyst who commutes about 14 miles every morning from fall's church to d.c., knows about slow rush hour traffic. >> without traffic, 30 minutes with traffic probably an hour and hour and 15 minutes. >> and on a bad day? >> an hour and a half. >> how often does that happen? >> ness with a month. >> reporter: once again, researchers at texas a&m have crunched the numbers nationally and concluded the d.c. area has the most congestion in the. among the highlights in the report, on average, motorists here lose much is hours
times in our nation's capital. president obama failed to submit a budget plan, and republican house speaker john boehner is calling him out on the missed deadline. "this was supposed to be the day he submitted his budget to the congress. but it's not coming. it's going to be late. some reports say it could be a month late." the white house spokesman says republicans should take up and pass the president's previous budget plans, which include billions of dollars in revenue from higher taxes. according to reports, the white house did not release an exact date on when the president will issue his next budget, but the white house reportedly is blaming congress for taking until january to work out a deal that would avoid the fiscal cliff. new york governor andrew cuomo proposes one of the most ambitious home buyback programs ever attempted. $400 million would be used to purch homes destroyed by superstorm sandy along the state's coastline. the governor would then preserve that land so that nothing could be re-built, thereby re-shaping how the coastline would be used. the purchase program
one week ahead of his state of the union address. president obama is juggling a full plate of proposals on guns and immigration. janet napolitano. >> we are committed to making sure this sector and the entire southwest border remains secure. >> reporter: immigration reform would allow estimated 11 million undocumented immigrants living in the u.s. to earn citizenship. on monday he took his push for tougher gun laws to minneapolis, the city known as murderapolis in the mid '90s. >> weapons of war have no place on our streets or in our schools or threaten iing our law enforcement officers. >> reporter: against the backdrop of those officers, president obama urged supporters to call on congress to act. >> we don't have to agree on everything to agree it's time to do something. >> reporter: while both sides largely agree with a need for extended background checks, reinstating the assault weapons ban remains the most controversial effort. president obama is ignoring the nation's economic challenges, critics say. >> our economy could use some presidential leadership right now. >>
on the why. cheryl: president obama selling immigration plan to the union leaders and ceos right now at the white house. dennis: plus, why the new wave band talking heads is featured prominently in the justice department's $5 billion mortgage lawsuit against s&p. ♪ [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing you
itself came from president obama and the white house. host: so on twitter, we don't have a spending problem -- 7 >> our video library at c-span.org. the u.s. house has gaveled back in to begin debate on president obama to submit to congress a proposal for balancing the budget over the next 10 years. live coverage here on c-span. the speaker may, pursuant to clause 2-b of rule 18, declare the house resolved into the committee of the whole house on the state of the union for consideration of the bill, h.r. 444, to require that, if the president's fiscal year 2014 budget does not achieve balance in a fiscal year covered by such budget, the president shall submit a supplemental unified budget by april 1, 2013, which identifies a fiscal year in which balanced is you a -- balance is achieved and for other purposes. the first reading of the bill shall be dispensed with. all points of order against consideration of the bill are waived. general debate shall be confined to the bill and shall not exceed one hour equally divided among and controlled by the chair and ranking minority member of t
. they're now grounded. white house officials say president obama will ask congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to put off the automatic cuts across the board that art scheduled to kick in march 1st. heat the president will make his request tuesday afternoon and a public statement at the white house. the automatic cuts, if they're allowed to proceed, could require widespread layoffs and indiscriminately affect defense programs in domestic spending accounts. white house officials say congress needs more time to work out a 10 year plan worth more than one trillion and deficit reduction. >> jackie sissel the live in san francisco taking a look at the gas prices. >> they are going up. this past january was the second most expensive january ever for gasoline. the chevron and standards as the $3.95 as the guest for regular unleaded gasoline. it is up 24¢ in the last month. these numbers are brought to you by triple a, four california. $3.93 is the average. that is up 33¢ and last month, up 14¢ and as the last seven days. that puts
their senators and give them a piece of their mind. >> shep, definitely a grass roots feel to it. president obama says people may not agree on everything, but he believes we must do something. >> we may not be able to prevent every massacre or random shooting. no law or set of laws can keep our children completely safe. if there is even one thing we can do, if there is just one life we can save, we have got an obligation to try. >> while the white house admits gun control and some of these other components are difficult to do. they are not prepared to start giving up aspects of the president's proposal, shep. >> shepard: we know by now what the nra opposes. tell us what they favor. turn into a registry of law abiding people. calling for getting many many people the help they need. >> you have fixed the mental health system. the every police officer knows people on the street that should be institutionalized because they are out there walking around on the street. we need to change our civil commitment laws. we need to change the mental health system, fund it, make it work. get these people into t
we're here on squawk. >>> also, calls to the white house. president obama will be meeting with a dozen ceos today. and the bulls trying to battle back. it's been a good year, but now stocks coming off their worst losses this year. it's february 5th, 2013 and squawk begins right now. >>> good morning, everybody. ike becky quick along with andrew ross sorkin. joe kernen is off today so we are again joined by steve liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o'neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm's chief investment strategist, russ koesterich. nouriel roubini will be joining us and we're going to ask him for his current view of the world. in t
.com. >> president obama encourages congress to take measures reducing gun violence. and lisa murkowski with a proposal for energy policy. and secretary of state john kerry speaks to state department employees. on the next washington journal, jim mcdermott, a member of the ways and means committee will focus on the affordable care act and medicare spending. we will discuss federal spending with scott garrett. and the executive director of the nine media institute. looking at the role of journalists in afghanistan. live on c-span every day at 7:00 a.m. eastern. >> julia loved her time in the white house. she said in her memoirs it was like a bright and beautiful dream. quite the most wonderful time of my life. i think that gives you some idea of how much she reminded that she enjoyed being first lady and how she felt her husband had finally achieved recognition he deserved. >> edith mayor on julia grant. original new series. their interests and their influence on the president. season one begins presidents' day, february 18 at 9:00 p.m. eastern and pacific on c-span, c-span radio, and c-
obama corley explains it needs to be comprehensive and lead to address the undocumented population and he might have seen president obama's speech about undocumented immigration and what he gets on that front. my sense is it is fundamentally politics and remember flights of the population that is foreign born, a decent number are part of the electorate and very engaged and this comes down to a matter of recognition and respect. there was a lot of bipartisan legislation being done at the start up visa and things like that and i think you are right. a piecemeal approach would be totally sane but from the perspective of the lobbyist it makes a lot of sense, let's try to attack this all at once part the because if you attach the attractive piece of legislation and consider the affordable care act, you saw a similar dynamic. if you saw just coverage expanding provisions in one lot it wouldn't look improving. you only have the revenue provisions of the affordable care act it looks like a massive tax greed. combine those with single piece of legislation it starts to look attractive. is th
it out. big business leaders just now arriving at the white house to meet with president obama to talk about what? this time, a plan for an immigration law overhaul. is anybody listening to the big business leaders? the head of the congressional budget office hopes so. he held a nos conference today acting as town crier warning about the nation's budget and fiscal problems. rich edson and peter barnes. the latest, who is there and what do they want to tell the president? >> well, i think the president wants to tell them a thing or two, liz. you know, part of this is -- part of the white house reach out campaign talked to all the constituencies out here in the big battles over the budget and taxes and fiscal reform, and now, today, immigration. the president meeting with about a dozen ceos. they have been coming in here. the meeting starts in about five minks. among them, the ceo of goldman sachs, coca-cola, yahoo, among the executives visiting, again, today, we've seen them before, and this strategy has worked for the president. as you know, after he met with them, a couple of times, h
under president obama. spencer, let me start with you, you talk about people retiring later and later, you blame the fed in part. >> i really do. the fed has done a tremendous disservice in robbing savers, people that are planning on retiring, the people that are not tradg in the stock market, but most people setting aside money, the chance to be able to retire. you're seeing not only have they not just made money, they have lost money due to the inflation and withering away of the u.s. dollar as the fed just prints money endlessly. it's horrible and it's, just further pushing back retirement for people that can't afford a delay. melissa: peter has retirement become a thing of the past? we're all working until we die and die at our deaths at this rate? >> well, you know, i think one day in america, one day soon, retirement will be as rare as a single-income household. at one time it was the norm in america. only one paycheck. it was very rare for a married woman to work outside the home. now it is very common. well one day it will be just as uncommon for somebody to retire. i agree, i
the new legislation at a press conference this afternoon. >>> in the meantime, president obama admits getting an assault weapons ban through congress will be tough. officers in uniform in minneapolis the president says there is a growing consensus for universal background checks. went there to build support for his proposals. it was an attempt to run around opponents like the nra by taking his message directly to the people. >> allison, accused killer george zimmermann heads back to court today in florida and comes on a painful day for trayvon martin's parents. today he would have turned 18 years old. they need still more time to prepare because prosecutors have been slow to turn over evidence. prosecutors want the request denied. zimmermann maintains his innocence saying he shot martin on self defense. >> now to a fox 5 traffic watch. the dc region has the distinction of having the worst traffic congestion in the neighborhood. >> fox 5's melanie alnwick is live along i 270 with the details of a new study. good morning, melanie. >> reporter: good morning, tony. all of this is coming o
, president obama is going to come out and propose a short-term deferral of the so-called budget sequester. that is due to take effect on march the 1st with indiscriminate cuts in defense. he needs more time given the congressional budget process from the fiscal cliff, in order to put off the sequester, and come up with a ten-year plan. he's going to propose for several months tens of billions of dollars in both new revenue and spending cuts. this is going to be greeted skeptically from republican leaders. i just spoke with the spokesman for mr. mcconnell, the senate republican leader, who said we would love to see the president's cuts. we'll see if he can reach an agreement to put off that sequester. so far they were able to put off the debt limit which delayed some of the threat to the american economy. this is another attempt to do that. of course, the president's focus largely on immigration today, he's got meetings with the ceos of both yahoo, marissa meier, blankfe blankfein, and trying to focus on that topic. the budget is the most economic back drop at the white house. we'll see wh
:00 p.m. eastern. president obama unveiling the plan for automatic spending cuts known as sequestration scheduled to begin on march 1st. on c-span2 remarkings from eric cantor on immigration and education issues. c-span3 nancy pelosi marks the 20th anniversary of the family and medical leave act signed in to law in 1993 by president clinton. >> you're watching c-span2 with politics and public affairs. on weeknights watch key public policy events and every weekend the non-fiction authors and books on booktv. you can see past programs and get our schedule at our website. and you can join in the conversation on social media sites. at the recent world economic forum in switzerland participates discuss china's economic future and the policy changes needed to move the country forward. ists including -- analysts included economic professors from china and the u.s. the role world economic forum is anen yule event this is about an hour. [inaudible conversations] welcome from inside economic forum. the party congress has said the very ambition goal for all -- [inaudible] and. we'll ask whether ho
Search Results 0 to 41 of about 42 (some duplicates have been removed)

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